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Bird Dog, I would go multi tenant again in a second. Truthfully once my property manager and I were on the same page I have not had any major issue. I do like the fact that even when I had 1/3 rd of my tenants with notice to vatcate or empty that I still had the income to cover the loan...

Just thought I might drop in here and provide a bit of an update on how this is all going. In a word, good. I would love to say great but not quite. I notice last time i posted in Feb I had had one tenant decide not to renew their lease and was looking forward to rental increases. Well...

Hi all, To update you all on how it is going. It has now been about 4 months since I took over this property. I have a property manager looking after the property for me. As part of taking over the property a series of rent increases were going to take place which would increase the...

The finance is not a fixed rate but is currently at 8.15% it is returning around 4% after all expenses are paid ((total incoming/ total outgoing) / Purchase price) so it is a nice amount of cashflow to fund the next project. Thanks again for the support posts and PM's they are appriciated. I...

Thanks Dazz, your posts helped a lot with giving good honest advice to people looking into comm. Luck for me of the 9 tenants all seem really good so far but one of the tenats is the vendor (only a small shed most likly just storage of stuff) so will be interesting to see how that goes but...

Firstly thanks everyone for the support posts, I was a bit worried the post was a bit long winded. The solicitor really could not do to much, as both the Vendor and Myself did not seem ready to settle. I could probably have argued it or had different wording but I just think it was one of...

Hi All, I have been reading this site now for a bit over 3 years and have taken a lot of information from it and thought it was about time to give back for all the information I have taken from it. I will start by saying this will probably be a long post that many may find boring but I hope...